Façon Grenadine: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Façon Grenadine
Largest movements
- Cash +€24,185
up €24,185 (+572%), from €4,232 to €28,417
mainly Debts after one year (+€121,662) and Depreciation (+€40,535)
- Intangible fixed assets -€13,176
down €13,176 (-27.3%), from €48,232 to €35,056
- Receivables within one year -€10,001
down €10,001 (-68.0%), from €14,699 to €4,697
of which Other amounts receivable: -€10,407
- Tangible fixed assets -€3,482
down €3,482 (-3.7%), from €94,200 to €90,718
of which Plant, machinery and equipment: -€6,088
- Deferred charges and accrued income -€1,971
down €1,971 (-25.5%), from €7,728 to €5,756
- Other debts -€136,186
no longer reported in 2025 (was €136,186)
- Debts after one year +€121,662
up €121,662 (+250%), from €48,679 to €170,341
of which Other amounts payable: +€130,962
- Tax, wage and social debts +€8,061
up €8,061 (+294%), from €2,740 to €10,801
of which Remuneration and social security: +€9,282
- Profit (loss) carried forward +€4,349
up €4,349 (+12.0%), from -€36,218 to -€31,869
- Trade debts -€2,350
down €2,350 (-26.5%), from €8,878 to €6,528
- Gross operating margin +€90,397
up €90,397, from -€84 to €90,313
- Staff costs +€37,698
new in 2025: €37,698
- Depreciation +€5,321
up €5,321 (+15.1%), from €35,214 to €40,535
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,005 | €170,122 | -€3,883 | -2.2% |
| Formation expenses | 20 | €1,716 | €1,196 | -€520 | -30.3% |
| Fixed assets | 21/28 | €142,432 | €125,773 | -€16,658 | -11.7% |
| Intangible fixed assets | 21 | €48,232 | €35,056 | -€13,176 | -27.3% |
| Tangible fixed assets | 22/27 | €94,200 | €90,718 | -€3,482 | -3.7% |
| Plant, machinery and equipment | 23 | €43,108 | €37,020 | -€6,088 | -14.1% |
| Furniture and vehicles | 24 | €1,552 | €2,502 | +€951 | +61.3% |
| Leasing and similar rights | 25 | €2,762 | €1,575 | -€1,186 | -43.0% |
| Other tangible fixed assets | 26 | €46,779 | €49,620 | +€2,841 | +6.1% |
| Current assets | 29/58 | €29,857 | €43,153 | +€13,296 | +44.5% |
| Stocks and contracts in progress | 3 | €3,199 | €4,283 | +€1,084 | +33.9% |
| Stocks | 30/36 | €3,199 | €4,283 | +€1,084 | +33.9% |
| Amounts receivable within one year | 40/41 | €14,699 | €4,697 | -€10,001 | -68.0% |
| Trade receivables | 40 | €2,952 | €3,357 | +€405 | +13.7% |
| Other amounts receivable | 41 | €11,747 | €1,340 | -€10,407 | -88.6% |
| Cash at bank and in hand | 54/58 | €4,232 | €28,417 | +€24,185 | +572% |
| Deferred charges and accrued income | 490/1 | €7,728 | €5,756 | -€1,971 | -25.5% |
| Total equity and liabilities | 10/49 | €174,005 | €170,122 | -€3,883 | -2.2% |
| Equity | 10/15 | -€31,218 | -€26,869 | +€4,349 | +13.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,218 | -€31,869 | +€4,349 | +12.0% |
| Amounts payable | 17/49 | €205,222 | €196,991 | -€8,232 | -4.0% |
| Amounts payable after more than one year | 17 | €48,679 | €170,341 | +€121,662 | +250% |
| Financial debts | 170/4 | €48,679 | €39,379 | -€9,301 | -19.1% |
| Other amounts payable | 178/9 | - | €130,962 | +€130,962 | |
| Amounts payable within one year | 42/48 | €156,511 | €26,630 | -€129,882 | -83.0% |
| Current portion of amounts payable after more than one year | 42 | €8,708 | €9,301 | +€593 | +6.8% |
| Trade debts | 44 | €8,878 | €6,528 | -€2,350 | -26.5% |
| Suppliers | 440/4 | €8,878 | €6,528 | -€2,350 | -26.5% |
| Taxes, remuneration and social security | 45 | €2,740 | €10,801 | +€8,061 | +294% |
| Taxes | 450/3 | €2,740 | €1,519 | -€1,222 | -44.6% |
| Remuneration and social security | 454/9 | - | €9,282 | +€9,282 | |
| Other amounts payable | 47/48 | €136,186 | - | -€136,186 | |
| Accrued charges and deferred income | 492/3 | €31 | €20 | -€11 | -35.8% |
| Remuneration, social security and pensions | 62 | - | €37,698 | +€37,698 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,214 | €40,535 | +€5,321 | +15.1% |
| Other operating charges | 640/8 | €941 | €1,415 | +€474 | +50.4% |
| Non-recurring operating charges | 66A | €2,669 | €245 | -€2,424 | -90.8% |
| Gross operating margin | 9900 | -€84 | €90,313 | +€90,397 | |
| Operating profit (loss) | 9901 | -€38,908 | €10,421 | +€49,329 | |
| Financial income | 75/76B | €147 | €95 | -€51 | -34.9% |
| Recurring financial income | 75 | €147 | €95 | -€51 | -34.9% |
| Financial charges | 65/66B | €5,301 | €5,974 | +€672 | +12.7% |
| Recurring financial charges | 65 | €5,301 | €5,974 | +€672 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€44,062 | €4,543 | +€48,605 | |
| Income taxes | 67/77 | €135 | €194 | +€59 | +44.0% |
| Profit (loss) for the period | 9904 | -€44,197 | €4,349 | +€48,546 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,197 | €4,349 | +€48,546 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.